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Consider the Following Statements as You Answer the Next Question

Question 1

Multiple Choice

Consider the following statements as you answer the next question: i. Felix, a cash receipts clerk, applied Allison's payment to the invoices indicated on her remittance advice.ii. In purchasing books, Allison filled out a form on a bookstore's web site.iii. The bookstore's web site verified Allison's credit limit.iv. William, a warehouse worker, prepared Allison's books for shipment.Which of the above statements most clearly relates to the third step in the sales / collection process?


A) i
B) ii
C) iii
D) iv

Correct Answer:

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